cleaning up oil spills and pollution x.z. . this is business as underdog younger how to office in berlin welcome to the u.s. china trade war escalated over the weekend with both sides slapping fresh tariffs on the other's exports and there is no deal in sight in case you've lost track here's a quick update this weekend the united states imposed levies on an additional $112000000000.00 of chinese exports while beijing is countering with curbs on $75000000000.00 u.s. dollars in goods smart speakers headphones and shoes are among the chinese products to be more made more expensive by the new u.s. tariffs beijing meanwhile will hit u.s. crude oil with a 5 percent tariff it's the 1st time all has been targeted in this dispute and this isn't the end the u.s. plans to raise existing tariffs on $250000000000.00 in chinese exports from currently 25 to 30 percent and in december

a further 15 percent on tariffs on chinese cell phones laptops and clothes that will mean that virtually every product made in china will be subject to tariffs in the u.s. here's was u.s. president on the trump had to say about this latest escalation. we are talking to china and the meeting is still long as you think that there that they haven't yet we haven't we'll see what happens but we can't allow china to require stuff anymore because we can't go out there to take $500000000000.00 a year out of our country we can't do that. speaking earlier let's bring in financial correspondents in frankfurt only bob's only new tires neutral troubles how the markets reacted to this. in a surprisingly benign way here in europe the docks for example where i'm standing

in germany is basically treading water on the positive side if you will going up some points footsie in london going up as the pound is falling that has to do with worries over abraxas but with the pound lower it's benefiting british shares in the land prices are going up also not with a view to the trade in any way but possibly to a new more stable and more favorable to the euro government forming there so it seems as if trade isn't really all that much of a bother to people in the market the opposite is true of course everybody is watching this very very closely the thing is this position today the simple mentation now is not a huge surprise people are expecting that but they're also expecting that there can be really no other way with all that's riding on the line the stock market the economy trumps reelection political stability within china that there is not in some way in the end agreement that will take back these tariffs and then will

somehow set markets and economy back to normal. in other news this some people actually profit from this instability in the markets right now and that's those who operate the markets like the front that stock exchange and they have some news that . that's right the deutscher bill is a you know it's come through a failure of a merger with the london stock exchange in the year 2017 but since then it's gone from strength to strength the stock has gone up not least because of the volatility as the professionals say in the markets that is when nervous investors russian rush out of the market each time the do. which of those are profits not just by the share prices the fees generated there but also the in between services that the doj or bills offers as well and it's spec that because of that success that it will be upgraded become a member of the eurostar 50 so the church bells of if you will a success story in light of all this catastrophic illness only bands reporting live

from the frankfurt stock exchange thank you. and our coming to the other global business stories making the news today the government in argentina has restricted currency trading in an attempt to battle a deepening crisis in its state finances companies will now need to get permission from the central bank to buy foreign currency to rating agencies have downgraded the country's sovereign debt rate. false can now bid for public contracts in the u.s. again after reaching an agreement with environmental authorities the deal requires the card giants to accept external audit saying monitoring it comes almost 4 years after the diesel emissions cheating scandal. and china's massive belt and road initiative is attracting more investment from the west than from beijing that's the finding of

a study by germany's brussels month foundation western countries spent $290000000000.00 on the global infrastructure project to the years of 2013 in 2017 that's $5000000000.00 more than china to. be allison is a commodity and engine of economic growth that's according to brazil's president jaya ball scenario is words have encouraged loggers and prospectors to push further into the region at the expense of indigenous people or and more of them are now organizing to protect their lands and way of life. small groups of the villagers camped out at night on the lookout for signs of trespassing in the last rain forest they call home this is what environmental monitoring looks like in some parts of the amazon. this is one of 7 bases installed across the men pregnant terri

indigenous territory in the state of para in northern brazil locals here say a lack of inspection by government agencies is forcing them to conduct their own operations to stop loggers and perspectives from encroaching on their land in the past brazil's president shire both narrow has described rain forest protection as an obstacle to the country's economic development many here fear that such comments are emboldened and businesses to disregard environmental protection. you feel you can this team discovered this bridge during an inspection that took place a month ago we're monitoring it. it stretches 8 kilometers along the biological reserve of sara dorsey on the other side of the river fortunately the team found it before the law has begun to remove the trees i don't. suppose they hit you know that you might be at or the patrols are taking place as the future of the amazon increasingly becomes the focus of international attention last month footage

showing large swathes of the rain forest in flames went around the world brazil's president accused environmentalists obsessing as a light on purpose they in turn say their leader is turning a blind eye towards protecting the environment and the life of the hoods of indigenous people. back here in europe and no deal breaks it looks more and more likely so many britons are stockpiling food and medication ahead of the proposed exit date of october 31 brits have already spent 4000000000 euros to prepare for the worst some economists say that help prop up the british economy in recent months one 3rd of all foods in britain comes from e.u. countries supermarkets say some products could disappear altogether from their shelves you to supply shortages james clark has prepared for the worst he stocking up on groceries because many british supermarkets have warned that some of their

shows could be left empty in the event of a hard brock's it in other words if the country leaves the e.u. without a deal. on to the ball should mean they are getting a head start putting aside some canned tomatoes things like that and. not because i think there won't be anything in the supermarkets but because there might be shortages of certain products so to avoid problems my wife and i are stocking up on some items. one in 5 brits is now stockpiling food a survey shows they're spending an average of $380.00 pounds to do so james clark has also stocked up on medication he's aware that 3 quarters of britain's drugs come from mainland europe. what i worry about most is my son he has an epi pen which is for people with allergic reactions. so it's hard enough to find an pharmacies in the u.k.

and i really think it'll be harder to find with a hard. so he stayed on call if you see the band but if there were a hard practice it has supplies would last just a few weeks that's one thing james is certain about. but there is an oil spill it's the containment and cleanup usually involves oil boobs floating barriers intended to contain the slick from spreading but that doesn't always work especially in high seas and bad weather now researchers from germany any iran have come up with a new idea. the sinking of the freighter ground america after caught fire off the atlantic coast of france in march was an environmental disaster heavy oil leaked and due to bad weather it was only possible to contain part of the kilometer long slick. following accidents like this holger own but how and from trace and

technical university and his team decided to look for ways to make oil spills harmless so called oil booms only work during good weather during rough seas the oil splashes over the booms. was i don't think we've developed a method to absorb oil the oil by this can be deployed by plane or helicopter even in bad weather but they can then be used to absorb the oil so the oil binders are made of absorbent wood fiber the procedure was developed in cooperation with researchers from the university is of rostock and leipsic and it's incredibly simple the wood chips are thrown on to the polluted water and begin to absorb the oil after a few hours the oil is completely absorbed and no longer a danger to marine birds the procedure also works in conditions like those found on the high seas the oil binders have been tested in a way of what the university of rostock after nearly 4 days and artificially created oil spill was completely removed. it was meant as

a sort of the moment this is done is being tested in the baltic sea as a kind of model region there we can really show how well it works and train employees on how to use this technology and we hope that in the coming years it will be deployed in other regions of the world. that's it from me and the business team here in berlin for more business news and back on stories check out our website that's d w dot com slash business and do follow us on social media on facebook and twitter if you don't already do that before you go here's a quick look at global markets that's a lot. more

in our series on tomorrow today we want to see what he saw to experience what. a journey through latin america following in the footsteps of the great scientists . next. the team of the media in colombia tracing the history of the slaves. to our budget in place. every journey begins with the 1st step and every language the 1st word americans nico is in germany to such. why not learn little in. its simple online on your mobile and free. music to learning course. german made easy. natural riches of

precious resources would. tend to rewarding investment. a foreign land has been called ethiopia is a gringo in the country as an abundant supply of leases it to international transfer. the government is after high and export revenues come to corporations profit margins. but not everyone benefits from the business. objects. born into destruction. starvation. the crisis the government of corporate greed. the sowing out of a. dead donkey sphere no he. starts september 18th on t.w. .

plane. this is the news coming to you live from berlin germany's far right if he emerges as the 2nd strongest force in 2 recent elections leaders of the alternative for germany say mainstream parties will now have to reconsider their refusal to work but them we get the latest on what those results mean and the implications for the country towards a coming up. hurricane dorian wreaks havoc in the bahamas one of the most powerful storms to hit the island since records began is now heading to the u.s. around.